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21 October, Saturday

Ufa   °

Bashkiria was named among best in initiative budgeting development

Economy/Business

UFA, 11 September 2017. /Bashinform News Agency, Olga Murtazina/.

The Ministry of Finance of Bashkiria received a diploma in the nomination "Development of Initiative Budgeting" based on the discussion results on increasing the budget system openness and involving citizens in the initiative budgeting mechanisms. Representatives of the republic participated in the panel session "Open Budget and Initiative Budgeting as Tools for Improving the Efficiency of Budget Expenditures" of the Moscow Financial Forum.

"Such tools allow us to open new opportunities for the implementation of public control, practical application of open budget data, priorities determination for budget expenditures taking into account the opinion of the population. Bashkiria has distinguished itself in the scope of population coverage and institutional diversity of the approach to the development of initiative budgeting", the press service of the Government of the Republic of Bashkortostan explained.

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